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Congress, BJP got Rs 5,450 cr from 'unknown sources'

I-T returns data show 83% of the Congress' and 65% of the BJP's total income was from anonymous benefactors.N Sundaresha Subramanian reports. The Bharatiya Janata Party and the Congress, which are......

What kind of genius loses a billion dollars: Clinton

Democratic presidential nominee Hillary Clinton on Monday took a dig at the tax return expose of her Republican rival Donald Trump by questioning his business credentials. "Here's my question:......

British PM publishes personal tax returns amid Panama Papers row

Amid mounting pressure, United Kingdom Prime Minister David Cameron on Sunday released his personal tax returns and ordered a new taskforce to probe tax-dodging allegations in a bid to defuse the......

Tax employees throw up their hands, feeling 'demotivated'

With the income-tax department facing a huge volume of black money cases post-demonetisation, two associations of its employees have written to Prime Minister Narendra Modi seeking adequate......

No tax on inherited gold, purchased from agri/disclosed income

Amendments to the I-T laws do not seek to tax inherited gold and jewellery as also those items that are purchased through disclosed or agriculture income, the  government said on Thursday. The......

Read this before you invest in non-convertible debentures!

For the wealthy, post-tax returns of debt funds would work out better Investors are lapping up non-convertible debentures (NCDs) as interest rates are expected to decline in the future. Within two......

Large taxpayers get time till Oct 17 to file returns

The tax payers whose business receipts exceed Rs 1 crore or professional receipts exceed Rs 25 lakh during the previous year 2015-16 are required to file an Income Tax return accompanied by an......

I-T returns: Top 1% earned 18 per cent of income

Middle class constituted about 49 per cent of the total tax payees in financial year 2011-12 The top 1 per cent of earning individuals who filed tax returns earned about 18 per cent of the total......
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Plight of cash-starved poor

It is official. Black money is back. Cash sharks — doctors, businessmen, hawala operators, lower court practitioners, brokers, transport... ...

http://echoofindia.com/reflex-action/plight-cash-starved-poor-120330
'Note ban would have been effective with IDS'

INDORE : Centre's move of demonetisation would have been more effective in bringing in black money into the mainstream, if implemented... ...

http://timesofindia.indiatimes.com/city/indore/Note-ban-would-have-been-effective-with-IDS/articleshow/55904213.cms
Post-election, Donald Trump closes companies tied to Saudi Arabia

The four Saudi-related companies were among at least nine companies that Trump filed paperwork to dissolve or cancel since the election.... ...

http://indianexpress.com/article/world/post-election-donald-trump-closes-companies-tied-to-saudi-arabia-4419848/
Indian Accounting Standards herald big change for banks

. First, it can impact their businesses, given the corporates to which they have lent have already started to report under the Ind-AS from the... ...

http://www.financialexpress.com/opinion/indian-accounting-standards-herald-big-change-for-banks/470052/
Shah rings trouble for 30 callers

Shah had been in contact with as many as 100 persons in the state and other parts of the country In what could strengthen businessman Mahesh... ...

http://www.ahmedabadmirror.com/ahmedabad/others/Shah-rings-trouble-for-30-callers/articleshow/55900727.cms

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